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Strategies & Market Trends : 2026 TeoTwawKi ... 2032 Darkest Interregnum

GLD 375.93

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Nov 14 4:00 PM EST

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To: Selectric II who wrote (199347)	6/8/2023 8:14:30 AM
From: Pogeu Mahone	Read Replies (1) of 217764

China May Be Headed for a Lost Decade By Desmond Lachman June 7, 2023 4:08 pm ETOrder ReprintsPrint Article A man walks past the Central Business District in Beijing on May 31, 2023.Jade Gao/Getty Images About the author: Desmond Lachman is a senior fellow at the American Enterprise Institute. He was previously a deputy director in the International Monetary Fund’s Policy Development and Review Department and the chief emerging market economic strategist at Salomon Smith Barney. So much for the Chinese economic boom. Last year China ended a disastrous zero-Covid policy that had crippled its economy. A rush of growth was widely expected to follow. Instead of booming, five months after the ending of its Covid restrictions, the Chinese economic recovery is sputtering. That is due in no small measure to the bursting of its outsized housing and credit market bubbles. The question now is whether China will experience a lost economic decade as Japan did in the 1990s following the bursting of its property and credit market bubble. We may be at the end of the period when China, the world’s second-largest economy, served as the world economy’s main growth engine and the main driver of https://www.barrons.com/articles/china-economy-growth-recovery-ec6840b7 Continue reading 4 minute read

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